April 16, 2024
CricketNews

IPL auction 2020 date and venue revealed

IPL auction 2020 date and venue revealed

The 2020 season of IPL is more than seven months away but the governing council and franchise owners have allready started to hype the most money making cricket league in the world. The franchise owners have started to trade the player in order to get a balanced side before the next season. The 13th season of the IPL is expected to start in April next year and will conclude in the last week of May.

In this year’s IPL, many top players opted out of the league in order to remain fresh for the 2019 World Cup. However, T20 World Cup is scheduled next year and big names will be interested to participate in the league to test their preparations for the world cup. Good performance in IPL will promise a place in their respective national teams for T20 World Cup in October.

IPL auction 2020 date revealed

This year’s auction will not be as large as the previous season and the trading window for it will close on November 14. All franchisees will be allocated Rs 85 crore for this season, with the help of which they will have to form their team. However all the teams will also have an additional money of three crores, as announced by governing council.

The auction will be held on 19th December in the city of joy “Kolkata”. At present, the Delhi Capitals have the highest outstanding amount in the auction. Its worth mentioning that if the franchisee makes a team with players at less than the fixed price, then the remaining money gets deposited in the franchisee’s account which they can spend in the next auction. Accordingly, Delhi currently has the highest bank balance which they can use during the upcoming auction.

While Delhi Capitals have an amount of Rs 8.2 crore, Rajasthan Royals have 7.15 crore, Kolkata Knight Riders have 6.05 crore, Sunrisers Hyderabad have 5.3 crore, Kings XI Punjab have 3.7 crore, Chennai Super Kings have 3.2 crore, Mumbai Indians have 3.05 crore and Royal Challengers Bangalore have 1.8 crores.

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